whilst it is totally the wrong point in the property cycle, I’m a big fan of squeezing more yield out of investment properties. I believe yield plays a huge part in setting the price in the low end of the market so doing this in smart ways can really put you ahead. In some places granny flats are a bit saturated but with a bit of research and patience you can still turn places into positively geared rental machines with minimal headaches. I jumped on secondary dwellings back when the state government first introduced the easier approval laws. Was like printing money back then. When the property cycle comes back around I’ll definitely be doing some homework into this area.
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